Tosei Disposes of Tokyo Real Estate

MT Newswires Live

06/05

Tosei (TYO:8923) is disposing of the trust beneficiary rights, located at 2-chome, Hatchobori, Chuo-ku, Tokyo at an undisclosed value, according to its Tokyo bourse filing on Wednesday.

The property includes an office and parking, with a total floor area of 6,268.05 square meters, and the selling price exceeds 10% of the company's consolidated revenue for the fiscal year ended Nov. 30, 2024.

The contract is scheduled for June 6, 2025, with closing expected on Dec. 5, 2025, and the impact will be reflected in the fiscal year ending Nov. 30, 2026, consolidated business forecast.

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